Global Skin Lightening Products Market Trend, Opportunities & Competition Tracking till 2022

Posted on 2018-05-23 by Mark Hub in Retail // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-May-23 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of skin lightening products market. The study is titled as “Skin Lightening Products Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global skin lightening products market.

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As projected by the latest research report published by Fact.MR, the global market for skin lightening products will register an impressive CAGR during the forecast period, 2017 to 2022. Global sales of skin lightening products are estimated to account for over US$ 23,000 Mn by 2022-end.

3 Key Research Findings from Fact.MR’s Report on Skin Lightening Products Market

1. In terms of revenues, the skin lightening products market will remain the most-lucrative in Asia-Pacific excluding Japan (APEJ), followed by North America and Europe. The market in North America and Latin America will ride on similar CAGRs through 2022. In addition, the skin lightening products market will witness the fastest expansion in APEJ, followed by Middle East & Africa (MEA) and Japan.

2. Based on sales channel, modern trade will continue to be the most-lucrative, with sales poised to surpass US$ 7,000 Mn in revenues by 2022-end. Between drugstores and online retailers, the former will account for a relatively larger market revenue share, whereas the latter will witness a comparatively faster expansion in sales through 2022. Specialty stores are also projected to register an impressive expansion in the global skin lightening products market through 2022.

3. Face masks are anticipated to remain the fastest expanding products in the global skin lightening products market. Creams & lotions, and cleansers & toners will continue to be the most-lucrative products, with sales reflecting a parallel expansion through 2022.

Creams & Lotions to Remain Highly Sought-after among Products in Global Skin Lightening Products Market

Creams & lotions are expected to remain highly sought-after among products, with sales projected to account for nearly half revenue share of the market during the forecast period. Sales of face masks will exhibit the highest CAGR in the market, to surpass revenues worth US$ 2,500 Mn by 2022-end. Scrubs are anticipated to be the least lucrative product in the global skin lightening products market during 2017 to 2022.

On the basis of sales channel, modern trade will account for the largest market revenue share in 2017, and is further estimated to gain an uptick in its market share by 2022-end. Drugstores will also remain lucrative among sales channels for skin lightening products, although projected to expand at a relatively lower CAGR through 2022.

APEJ will be Largest Market for Skin Lightening Products during 2017 to 2022

Traditional association of beauty with light skin tones is a major influencing factor for growth of the skin lightening products in APEJ, particularly in India and China. Changing lifestyles, and rapid urbanization, along with increasing buying power of people have further led APEJ to be the largest market for skin lightening products over the forecast period. In addition, the skin lightening products market is projected to reflect the highest CAGR in APEJ through 2022, followed by Middle East & Africa and North America.

By nature, although conventional skin lightening products will continue to be more preferred among consumers, organic skin lightening products are expected to witness a tremendous expansion in sales through 2022. Harmful side-effects of synthetic ingredients in conventional skin lightening products have led consumers towards adoption of products with sustainably-sourced ingredients, which are ethically harvested without using pesticides. This growing demand for organic skin lightening products has compelled companies to make investments in green chemistry for manufacturing their products, which in turn would result into advancements in product formulations.

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Table of Content:

1. Global Skin Lightening Products Market – Executive Summary

2. Global Skin Lightening Products Market Overview
2.1. Introduction
2.1.1. Global Skin Lightening Products Market Taxonomy
2.1.2. Global Skin Lightening Products Market Definition
2.2. Global Skin Lightening Products Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Skin Lightening Products Market Y-o-Y Growth
2.3. Global Skin Lightening Products Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis

3.1. Global Skin Lightening Products Market Size and Forecast By Nature, 2012-2022
3.1.1. Conventional Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Organic Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued………

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